FXall Press Release

CLIENTS TRADE $9.8 TRILLION OVER FXALL IN 2006

• Annual volumes up 45% on 2005
• Record monthly volumes of $942 billion in December
• Growth driven by asset managers and active traders

10 January 2007 - FXall, the world's leading foreign exchange platform for institutional clients, today announced that trading over the platform in 2006 had exceeded $9.8 trillion, up 45% on 2005. Trading activity increased steadily throughout the year, with average daily volumes reaching $47 billion in December.

In particular, FXall saw strong growth in trading activity by the investment community, which now accounts for almost half (49%) of volumes traded over the platform. In Q4 2006, volumes from active traders such as hedge funds and CTAs was 79% higher than in the same period the previous year, while trading by asset managers was up 71%.

Electronic trading is fast becoming the execution method of choice for institutional FX traders. Regulatory requirements for greater control and transparency, combined with an increased focus on best execution in FX, have made it impossible to ignore the benefits of using online platforms such as FXall.

Phil Weisberg, CEO of FXall, said: "These figures confirm FXall's position as the number one platform for institutional clients. The continued increase in trading volumes reflects the investment we have made in new products and services throughout 2006. We look forward to further strong growth in 2007 as we continue to extend and enhance our offering".

About FXall

• FXall is the leading portal for online foreign exchange trading, offering customers foreign currency trade execution, access to research and straight through processing. By combining streamlined workflow, competitive FX prices and a complete audit trail, FXall delivers improved control and cost savings at every stage of the deal lifecycle.
• FXall provides customers with the ability to meet best practice guidelines prescribed by regulatory bodies - for more information visit: http://www.fxall.com/about/BestPracticeFX.pdf
• FXall is an independent company with offices in New York, London, Boston, Tokyo and Singapore.

FXall's services are not intended for, and are not available to, private customers, and are not intended for distribution into any jurisdiction where such distribution is restricted by law or regulation. FXall's services do not constitute investment advice or an advertisement, offer, or solicitation of an offer, for the purchase or sale of any investment, securities or other property, or a representation that any investment, security or other property is suitable for any person.

FXall may act through FX Alliance, LLC (a Delaware, USA limited liability company), FX Alliance Limited (regulated by the Financial Services Authority), FX Alliance International, LLC (ARBN 097 253 640, a Delaware, USA company, members' liability limited).

FXall, Altair, QuickFill, QuickOMS, QuickConnect, and all associated logos, are the trademarks of FX Alliance LLC.